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Legal Definitions - interested person

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Definition of interested person

An interested person is someone who has a property right or claim against something, such as a trust or a deceased person's estate. This can also include a business that is a creditor of a deceased person. The term can also refer to an entity, not just a human being.

For example, if someone dies and leaves behind a will, the interested person would be someone who has a legal claim to the deceased person's property or assets. This could be a family member, a business partner, or a creditor who is owed money by the deceased person.

Another example would be in a trust, where an interested person would be someone who has a legal right to receive money or property from the trust. This could be a beneficiary named in the trust, or a creditor who is owed money by the trust.

The law is a jealous mistress, and requires a long and constant courtship.

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Simple Definition

An interested person is someone who has a right to something, like money or property, that belongs to someone who has died or has a trust. It can also include a business that is owed money. It's important to figure out who the interested person is so they can get what they are owed.

If we desire respect for the law, we must first make the law respectable.

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If we desire respect for the law, we must first make the law respectable.

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